Dethroning the Almighty Dollar? | AIER
This is the text of a talk by AIER Research Faculty Peter C. Earle at the June 7, 2023 Meeting of Alder Unplugged. Good afternoon and thank you for having me. I’ve planned for these remarks to take no more than ten minutes, but economists are about as good at forecasting as politicians are at […]
This investment manager is looking to bridge the racial wealth gap
Jim Casselberry, Known Source: Known Black people in America won their personal freedom 158 years ago. Economic freedom, though, has been far more elusive. Veteran portfolio manager Jim Casselberry is trying to do something about that, using his four decades of investing experience to help bridge the gap for people of color and the Indigenous […]
Central banks monetary policy decision are diverging
Dollar, yuan, yen and euro notes. Ullstein Bild Dtl. | Ullstein Bild | Getty Images From hawkish pauses to rate hikes and dovish tones, the world’s biggest central banks last week struck very different tones on monetary policy. The European Central Bank on Thursday hiked rates and surprised markets with a worsening inflation outlook, which […]
Brits are facing a major mortgage crisis as lending rates soar
Houses pictured on 8th June 2023 in Halifax, United Kingdom. U.K. borrowers are facing sharply higher mortgage costs. Mike Kemp | In Pictures | Getty Images LONDON — U.K. borrowers are facing a cliff edge that could damage the economy as rising mortgage costs hit deal renewals and the number of products available shrinks, experts […]
America’s most bipartisan issue – Econlib
In an increasingly polarized society, issues tend to be defined in partisan terms. In fact, many of our most important issues do not break on party lines. For instance, anti-Chinese attitudes are widely held in both political parties. The Nimby vs. Yimby debate is also bipartisan. And this is not a minor political issue; it’s […]
Are the Canadian Wildfires Really “Natural” Disasters?
By Lambert Strether of Corrente. “You have not thought things through,” he said. By his standards it was a brutal insult.” ― Ursula K. Le Guin, The Word for World is Forest introduction It would be lovely if this were an abstract painting: But it’s not. It’s a portrait of a Canadian wildfire, one of […]
